Books and Records of Accounts. Immediately prior to or simultaneous with the Second Closing, Seller and Company will zero out all credits and debits of all Company accounts and invoices and, to the extent requested in writing by the Purchaser at least ten (10) days prior to the Second Closing, transfer such Company accounts into the name of Purchaser or its designee effective as of the Second Closing Date and assign any contracts associated with the running and management of the Company that are in the Seller’s name to the Purchaser or its designee, effective as of the Second Closing Date; provided, that the completion of such transfers and assignments shall not be a condition of either Closing.
Books and Records of Accounts. YMCA shall keep and maintain the books and records relating to the Aquatic Center in accordance with (i) sound business practice; (ii) generally accepted accounting principles; (iii) relevant provisions of any Indenture; (iv) applicable law; (v) information as City may require; and (vi) in formats as may be required by the Auditor of State for the State of Ohio. The books and records relating the Aquatic Center and their operation shall be kept on site. YMCA is aware that these books and records may be public records in accordance with Ohio Revised Code Section 149.43 and that City is subject to the Ohio Public Records Act. Documents used in the course of this Agreement may be subject to the Ohio Public Records law and Retention Requirements. To the extent such documents are subject to said law, YMCA shall make such documents available during the course of this Agreement and copies of same shall be turned over to City at the conclusion of this Agreement.
Books and Records of Accounts. Company shall keep and maintain the books and records relating to the Facilities in accordance with (i) sound business practice; (ii) generally accepted accounting principles; (iii) relevant provisions of any Indenture; (iv) applicable law; (v) information as the Owner may require; and (vi) in formats as may be required by the Auditor of State for the State of Ohio. The books and records relating the Facilities and their operation shall be kept on site. The Company is aware that these books and records may be public records in accordance with Ohio Revised Code Section 149.43. Company understands that Owner is subject to the Ohio Public Records Act. Documents used in the course of this Agreement may be subject to the Ohio Public Records law and Retention Requirements. To the extent such documents are subject to said law, Company shall make such documents available during the course of this Agreement and copies of same shall be turned over to the Owner at the conclusion of this Agreement.
Books and Records of Accounts. MBI shall keep and maintain the books and records relating to the Ice Rink in accordance with (i) sound business practice; (ii) generally accepted accounting principles; (iii) applicable law; (iv) information as City may require; and (v) in formats as City may require. The books and records relating the Ice Rink and their operation shall be kept on site. MBI is aware that these books and records may be public records as well as documents used in the course of this Agreement. MBI shall make such documents available during the course of this Agreement and copies of same shall be turned over to City at the conclusion of this Agreement.
